Source: Dodge Data & Analytics, New York
The 2020 Dodge Construction Outlook, a mainstay in industry forecasting and business planning, projects total U.S. construction starts slipping 4 percent, to $776 billion, from this year to next.
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Dodge Construction Outlook: 2019 markets stay present course
Sources: Dodge Data & Analytics, New York; CP staff
The 2019 Dodge Construction Outlook predicts that total U.S. construction starts will be $808 billion, essentially even with the $807 billion estimated for 2018. By major sector in dollar terms, residential building will be down 2 percent, nonresidential building will match its 2018 amount, and non-building construction will increase 3 percent.
Read MoreDodge 2019 Outlook Conference: ‘See, think, stay ahead’
Source: Dodge Data & Analytics, New York; CP staff
A review of prospects and risks surrounding 2019 building and non-building markets from Dodge Chief Economist Robert Murray will cap the 80th annual Construction Outlook Executive Conference, October 24-25, at the Gaylord National Resort & Convention Center in National Harbor, Md. Dodge bill the conference as the cornerstone event for building product manufacturers, service providers, contractors, engineers, industry associations, and other stakeholders to gain critical insights into the economic forecast for North American construction.
Read MoreLeading lender projects strong nonresidential market, contractor investment patterns
Source: GE Capital Americas, New York
The 2015 U.S. construction outlook could be analogous to a tale of two cities, with stabilizing and perhaps flattish residential demand offset by continued strong, if not strengthening demand, both reflecting a relatively improving economy and rising interest rates. Among the new directions GE Capital Americas construction industry analysts see for this year:
Read MoreLead forecaster confirms positive construction trends
Source: FMI, Raleigh, N.C.
In its Q1-2014 Construction Outlook, management consulting and investment banking services provider FMI tracks construction put-in-place activity, projected at 8 percent growth this year over 2013, and offers an early gauge on key sectors:
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